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Key selling points
- $3,000 (£1,500) reservation fee
- Nothing to pay until completion
- Fully let and managed from day one
- Guaranteed return from day one
- 28% Cash-Back
- Fully Furnished
Types Available 1 & 2 Bedroom Condos
Price Range £92,500 to £119,000
Completion Schedule Already Complete
Overall Payment Structure 20% Deposit 28% Cash-Back within 6 weeks
Finance Options 80% Interest Only Mortgage Welcome to Ponte Verde – West Palm Beach Originally built in 1991, Ponte Verde was fully refurbished in December 2005 with new roofing, painting, upgrades and cosmetics.
The developer is considered one of Florida’s most reputable builders and developers, and has forged a path toward converting the way people live in Florida by offering luxurious yet affordable communities. The developer’s legacy of quality home development in South Florida spans two decades setting precedent in construction.
Community Luxuries Gated Entrance State of the Art Fitness Club Indoor Racquetball Courts Spectacular Lake Views 2 Custom-designed Pools Heated Spa Lighted Tennis Courts Sand Volleyball Courts Elegant Clubhouse Lush Tropical Landscape Barbecue Areas Car Wash Pavilion
Interior Luxuries Solariums for additional living space Gourmet kitchen with open serving bar and pantry Ceiling fans Vaulted Ceilings (on selected units)
Property Improvements New 50-Year Shingle Roof New Pool Deck & Furniture New Landscaped Perimeter Fence Newly Sealed Parking Lot As quoted in The Times on Sunday the 20th of April 2008 “Like the rest of America, Florida has been hit hard by the sub-prime debacle, with property in most of the sunshine state in crises. Although some areas have proved notable exceptions. Palm Beach County has not gone down one iota.”
Now is the time to take advantage A weak economy, a weak currency and an ailing property market... now is the time to take advantage. We are offering a unique opportunity to invest in this luxury, fully refurbished development, with an incredible 28% cash-back on completion. Working closely with some of the key lenders in the US, we have been able to source 80% consumer finance for foreign nationals. This effectively means that upon completion you, the investor, will get a greater amount of money back than that originally deposited to purchase the property. Example deal Purchase price £194,000 (£97,000) Initial deposit £2,500 (£1,250) Completion funds £9,215 (£4,607) Purchase costs (paid on completion) £38,800 (£19,400) Cash back (post completion 28%) £54,300 (£27,100) Monthly mortgage payments (6%) £776 (£383) Monthly rental income £1,095 (£547) Monthly rental and management costs £282 (£141) Total profit yr 1 (including cash back) £10,629 (£5,314)
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